CanWel Building Materials Chief executive officer Amar Doman has spent more than $2-million buying company shares in the public market over the past two years.
His most recent buying binge started July 31. So far, he has bought 43,100 shares at an average price of $6.05. The stock retreated early summer following news of wildfires in southeast B.C. However, on July 27, the company said its forestry lands in B.C.'s East Kootenay region had not been impacted. The stock is a member of the INK Canadian Insider Index.
Disclaimer:
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Graph Footnote:
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.